Demand for Nvidia's graphics processing units has been exceeding supply, thanks to the rise of generative artificial intelligence.
It's a testament to Nvidia Corp.'s glow-up over the past year that Wall Street has become largely desensitized to results and an outlook that each beat expectations by about $2 billion.
Nvidia tacked on another $28 billion in value after smashing through expectations in its latest earnings report. The company's third-quarter revenue soared 206% year over year to $18.1 billion.
NVIDIA Corporation (NASDAQ: NVDA) is trading at $499.44. The share price is only five dollars shy of the 52-week high.
Vivek Arya, Bank of America senior semiconductor analyst, joins 'Squawk Box' to break down Nvidia's earnings, which surpassed Wall Street expectations on top and bottom lines, growth outlook, and more
These top-ranked stocks are likely to beat on the bottom line in their upcoming releases. Tap Lamb Weston (LW), The Gap (GPS), NVIDIA (NVDA) Pinterest (PINS) and Block (SQ).
Nvidia investors scored this year with huge gains on the S&P 500 stock. But some AI ETF investors own stakes in two stocks doing even better.
Angelo Zino, Senior Equity Analyst at CFRA Research, discusses Nvidia's earnings report.

Nvidia reactions from the Street

07:18am, Wednesday, 22'nd Nov 2023
Nvidia Corporation (NASDAQ:NVDA) has done it again with a walloping $2 billion revenue beat in the third quarter, in further proof that Wall Street simply cannot get a grip on the fabless semiconducto
Nvidia's (NASDAQ: NVDA) stock price edged higher on Tuesday, November 21, reaching a fresh all-time high of $504.20. This surge is emblematic of the relentless 2023 rally fueled by the company's heavy
7:00am: Futures point to modest gains as investors weigh-up Nvidia earnings US markets are expected to open modestly higher as investors digest results from Nvidia and the latest hints on monetary pol

Nvidia's AI Boom Almost Blows Past Politics

06:30am, Wednesday, 22'nd Nov 2023
The chip maker admits China restrictions will take a toll, but booming AI demand elsewhere should offset it.
The stock market is the ultimate emotional and intellectual challenge. You can develop skills beyond most people's understanding, such as making independent judgments on a situation, even if it means
Analysts praise the earnings but voice concerns over lost sales to China following U.S. restrictions on chip exports.
A look at the day ahead in U.S. and global markets from Mike Dolan.
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